This is now the eighth consecutive rate hike, an increase of 4.5% since the hikes began.
Read More »Fed Hikes Rates by 75 Points; Sixth Increase This Year
Another Federal Open Market Committee Meeting, another rate hike. At the conclusion of the FOMC’s November Meeting, the Committee raised rates by 75 basis points, the fourth consecutive such hike and the sixth of 2022.
Read More »Federal Reserve Continues Rate Hikes
For the third time in a row, the Federal Reserve’s Federal Open Market Committee (FOMC) raised the nominal interest rate by 75-basis points at the conclusion of their scheduled two-day meeting to a rate of 3.00-3.25%. This marks the highest ...
Read More »Fed Increases Interest Rate by 75 Basis Points
On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points to a rate of 0-0.25%. But now, in light of ...
Read More »Fed Raises Nominal Interest Rate by 0.75%
Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of inflation since the 80s. To put that another way, this is the ...
Read More »Federal Reserve Increases Interest Rates
The Federal Reserve raised the nominal interest rate on Wednesday, for the first time since 2018, citing factors such as surging inflation and the growing military conflict in Ukraine.
Read More »Is a New Normal on the Horizon?
A “new normal” may be on the horizon after a tumultuous year in 2021 which saw a conflagration of market trends reach new highs, and lows, which have continued into 2022. According to the Economic and Strategic Research Group (ESR) ...
Read More »Where Fannie Mae Thinks the Market Is Headed
In its latest forecast, the GSE predicts a short-term tightening of the Federal Reserve’s policies and an interest rate hike in late 2022.
Read More »Fed Liftoff Could Adversely Impact First-Time Buyers
The Federal Open Market Committee (FOMC) will convene next week for the last time this year and is expected to sweep the industry with a change to the federal funds rate, something that has not been done since June 2006. ...
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